Deposit Disputes. All deposits and any additional deposit made hereunder (collectively, “Deposits”) shall be held in an escrow account as required by Rhode Island General Laws 5-20.5-14(5), by the Principal Broker of Listing Company named below unless mutually agreed otherwise by Buyer and Seller, and, except as otherwise provided herein, shall be duly accounted for at the time of delivery of the deed and applied to the Purchase Price. The refunding of all Deposits shall be upon execution of a written release by Buyer and Seller and pursuant to Rule 7 of Commercial Licensing Regulation 11.
Deposit Disputes. In the event a Tenant challenges the security deposit disposition, it is Manager’s policy to direct Tenant to address this issue with Owner, as Owner is required to determine the disposition of the security deposit. In the event the Tenant brings any suit, claim, or cause of action against or involving Manager in such a dispute, Owner agrees to indemnify and hold Manager harmless, which shall include but not limited, Owner paying Managers attorneys’ fees incurred in such matter as well as judgments, liens, or costs assessed.
Deposit Disputes. The Agent will first attempt, by negotiation, to resolve any deposit disputes between the Landlord and the tenant. When a dispute cannot be resolved between the parties and the deposit is subject to statutory tenancy deposit protection, then it will be necessary to submit the claim to the tenancy deposit administrators for adjudication under an alternative dispute resolution (ADR) process or to take Small Claims action in the County Court. The Agent will prepare estimates or quotes for the necessary works and confirm with the Landlord before any works are carried out. The Landlord authorises the Agent to make appropriate deductions from the rental income on the last month of the tenancy to cover any cleaning, repairs or other maintenance costs.
Deposit Disputes. 4.12.1. If We assist You with a claim to recover a deposit registered with the TDS (please note clause 7) then We will charge You £120 inc. VAT per hour of staff time with a minimum charge of £120 inc. VAT unless a Director is involved where You will be charged at £240 per hour inc. VAT.
Deposit Disputes. In the event of a Dispute, this will be dealt with in accordance with the provisions of the Tenancy Deposit Protection Scheme Alternative Dispute Resolution (ADR) as administered by The DPS, the details of which will be provided to the Tenant at the start of the Tenancy. This will not however affect either party’s right to pursue a dispute through the courts in the usual way.
